it doesnt though, its 5.0.1? im seeing things all about how ultrasn0w works for it, but when i download about 30 lines into the script it comes up with some red error messages. i really need to get this phone unlocked.

A device's baseband version (modem firmware version) is separate from the iOS version. An "ultrasn0w fix" package may make ultrasn0w installable on your iOS version, but nothing you can install right now will make ultrasn0w unlock your baseband. Your only option is an official carrier unlock.